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Inflation target in Armenia may decline – Alpha Economics
November 06 2024, 19:00
According to the governor of the Central Bank, the government is considering lowering the inflation target from 4% to 3%, which has both positive macroeconomic aspects and risks.
It should be noted that the inflation target in developed economies is indeed lower than in developing ones. However, a lot of discussions about raising the inflation target have arisen in developed economies following recent crises.
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